Tag: banks

Banks in Egypt improve accessibility for people with disabilities

Banks implement CBE’s instructions of September 2021 to facilitate access of this…

Shaimaa Raafat Shaimaa Raafat

Banks provide EGP 4bn in indirect financing for Decent Life initiative in six months

The Central Bank of Egypt (CBE) reported that banks operating in the…

Hossam Mounir Hossam Mounir

Several banks to increase their loan offerings, provide non-traditional financing: Local Development Minister

‘Mashrouak’ programme offers EGP 26.8bn finance to 206k projects until July 2023:…

Daily News Egypt Daily News Egypt

Total financial position of banks in Egypt increases to EGP 12.970trn in 1Q 2023: CBE

The Central Bank of Egypt (CBE) has revealed that the total financial…

Hossam Mounir Hossam Mounir

House of Representatives approves draft law related to establishment of banks

The House of Representatives has approved a draft law submitted by the…

Daily News Egypt Daily News Egypt

Banks offer EGP 57bn within mortgage finance initiative for low-income people in May 2023

NBE takes lead, offering EGP 16bn mortgage finance to 137,079 clients

Hossam Mounir Hossam Mounir

Financial position of banks jumps to EGP 12.409trn in January 2023: CBE

Bank deposits increase to EGP 9.021trn, of which 77.8% belong to household…

Hossam Mounir Hossam Mounir

4 banks participate in 6th phase of lump-sum export subsidy dues payment

Banks are NBE, Banque Misr, Banque du Caire, and Export Development Bank

Hossam Mounir Hossam Mounir

Banks wait for signal to include tourism in industry support initiative

Prime Minister allocates EGP 10bn to tourism sector, bringing value of initiative…

Hossam Mounir Hossam Mounir

Private banks in Egypt issue high-yield savings certificates

CIB offers 3-year certificate with a return of 22%, QNB Alahli raises…

Hossam Mounir Hossam Mounir